Another Endangered Species in Hawai‘i: Starter Homes
October 2022Young people used to be able to buy a small single-family home or townhome as the first step on their homeownership ladder, but today they are priced out of that market.
Young people used to be able to buy a small single-family home or townhome as the first step on their homeownership ladder, but today they are priced out of that market.
Christine Camp, Laura Kodama, Cayenne Pe‘a, Karen Seddon and Michelle Swartman are proving that it’s not a man’s world anymore. Most developers are men, but these women have earned a seat at the table despite challenges. They bring a different and valuable perspective, and have realized that the best way for others to join them is for women to support women.
Avalon was invited to share its view on the changing dynamics of the Hawaii’s Commercial Real Estate hosted by Hawaii Business with Chris Benjamin, CEO of Alexander & Baldwin (NYSE: ALEX), Christine Camp, CEO of Avalon Group, Jeff Lau of Kamehameha Schools Bishop Estate. Investment purchases in Hawai‘i’s commercial real estate market during 2021 exceeded pre-pandemic levels with $3.15 billion in sales volume, according to Colliers Hawaii’s year end investment report. Join us in downtown Honolulu as we discuss the impact that commercial real estate will have on our local economy and community.
Hawaii’s Senior US Senator Brian Schatz, Bank of Hawaii CEO of Chairman Peter Ho and Avalon Group CEO Christine Camp.
Camp says Hawai‘i needs to change its mindset to alleviate the affordable housing crisis. at the top of her list of needed changes are creating predictable permitting time frames, revamping zoning in low-density areas and creating more urban zoning.
Despite her relatively young age, Christine Camp is remarkably accomplished. She’s the founder and president of Avalon Development, one of the state’s largest real estate firms. At 38, she became the youngest chair of the Hawaii Chamber of Commerce.